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Scholz Inaugurates 1st Liquefied Gas Terminal In Germany – Diligentia Services

Scholz Inaugurates 1st Liquefied Gas Terminal In Germany

Chancellor Scholz on saturday inaugurated Germany’s first liquefied natural gas terminal, declaring that the speed with which it was put into service is a signal that Europe’s biggest economy will remain strong.

The top three officials in the government — Scholz, Economy Minister Robert Habeck, and Finance Minister Christian Lindner — attended the inauguration in the North Sea port of Wilhelmshaven in a sign of the importance that Germany attaches to several new LNG terminals that it is scrambling to build following Russia’s invasion of Ukraine.

The terminals are part of a drive to prevent an energy crunch that also includes temporarily reactivating old oil- and coal-fired power stations and extending the life of Germany’s last three nuclear power plants, which were supposed to be switched off at the end of this year, until mid-April.

Scholz announced days after Russia invaded Ukraine in February that the government had decided to build the first two LNG terminals quickly.

“When we said that, for example, such a terminal should be built here in Wilhelmshaven this year already, many said that’s never possible, that would never succeed,” the chancellor said at Saturday’s ceremony.